It makes sense that executives would want a geographer on their team. Today a well-crafted climate risk offense is a valuable differentiator and a competitive advantage. Both of these are important at a time when 33 percent of the Deloitte survey respondents report that their organizations are tying compensation for senior leaders to environmental sustainability performance.that uses GIS technology for greater precision in managing its supply chain.
Once GIS maps showed the team where perils were statistically likely to occur, they could proactively invest in hardening assets based on likely threats.While precision makes it easier to arrive at the best decision, prediction goes a step further. A GIS-based virtual model, or digital twin, creates a safe place for testing ideas and simulating scenarios to predict future outcomes.
The same techniques support prediction in retail, construction, real estate development, as well as insurance and investment.In fighting the climate crisis, GIS technology proves critical. Maps provide a powerful means to understand the scale and scope of the problem, explore alternatives, and reach actionable agreements. The Biden Administration’s CMRA shows a real-time climate map of the entire US.
The maps are available to the organization through its climate dashboard. Investment managers can see the regions where the company has individual or clusters of investments. A color-coding system describes the level of climate risk in those regions or block by block.
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